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Business, 15.04.2021 17:20 temoshojayne

Diaz Company owns a machine that cost $126,000 and has accumulated depreciation of $92,100. Prepare the entry to record the disposal of the machine on January 1 in each seperate situation. The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return. Diaz sold the machine for $17,500 cash. Diaz sold the machine for $33,900 cash. Diaz sold the machine for $40,500 cash.

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Diaz Company owns a machine that cost $126,000 and has accumulated depreciation of $92,100. Prepare...
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